Fairvest Property Holdings, a real estate investment trust with a market cap of R2 billion, has been approved for a secondary listing on A2X Markets.
JSE listed diversified real estate investment trust Redefine Properties today announced that its legendary founder and pioneering property investor and developer Marc Wainer retires from the company at the end of August 2019.
Dipula Income Fund, a diversified, South-African focused and Black-managed REIT, today announced a non-binding offer to acquire 100% of the shares in SA Corporate Real Estate Limited through a merger of the two companies.
Equites Property Fund Limited has been approved for a secondary listing on A2X Markets and its shares will be available for trade on A2X from 1 July 2019.
“Spear has delivered distribution growth of 10,09% in a very tough economic environment. In a less than optimal operating environment the strong performance of the core portfolio is testament to its high-quality nature and reinforces management’s strategy of being regional focused and close to its assets” – CEO Quintin Rossi
Equity Express Securities Exchange (“EESE”) today welcomed its second listing since inception in 2017 with Ukhamba 2, the B-BBEE-Scheme created following the Imperial Holdings Limited’s unbundling of its vehicle dealership division, Motus.
Heartwood Properties, born out of a successful joint venture between Gauteng property developers, Brydens Group and Montagu Property Group, is the first property company to list on the new 4 Africa Exchange (4AX).
Growthpoint Properties Ltd now owns 76.2% of Growthpoint Properties Australia following the completion of this acquisition which is Growthpoint's first venture offshore and represents an investment of approximately R1.3 billion at current exchange rates.
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